HousingHandbookReference data

U.S. ZIP Code · MI48015

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$168,999[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.1%
5-year / yr
+5.3%
10-year / yr
+9.3%

Relative price

vs U.S.
-40.5%
vs metro
-44.2%
vs state
-29.3%
ZIP 48015 location in MI
Location of ZIP 48015 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48015 is worth $168,999 — 44.2% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 1.1%. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.0%[3]
Typical annual tax
$3,421[3]

#Climate risk

FEMA National Risk Index ratings for Macomb County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
8,463[3]
Median household income
$54,703[3]

#Migration

Household moves in and out of Macomb County over a year, from IRS tax-return data.

Net migration
-418[5]
Moved in
18,118
Moved out
18,536

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
1
Middle
1
High
2
  • Center Line Preparatory Academy

    Other · Grades K–12 · Center Line Preparatory Academy

    890 students

  • Center Line High School

    High · Grades 9–12 · Center Line Public Schools

    662 students

  • Wolfe Middle School

    Middle · Grades 6–8 · Center Line Public Schools

    513 students

  • May V Peck Elementary School

    Elementary · Grades K–5 · Center Line Public Schools

    348 students

  • Rising Stars Academy

    High · Grades 12 · Rising Stars Academy

    62 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$855
Loan principal$135,199
Down payment$33,800
Total interest paid$172,439

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,280
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
61st percentile[1]
Rental yield
[2]
Property tax
99th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48015?
The typical home in 48015 is worth $168,999, based on the Zillow Home Value Index.
Are home values rising in 48015?
Home values in 48015 are up 1.1% over the past year, and up 5.3% a year over five years.
What is the property tax rate in 48015?
The effective property tax rate in 48015 is 2.0% — roughly $3,421 a year on a typical home.
Who lives in 48015?
ZIP code 48015 has a population of 8,463 and a median household income of $54,703.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Roseville, MI

    Typical home
    $172,245
    Gross yield
    9.2%
  • Port Huron, MI

    Typical home
    $172,604
    Gross yield
    7.4%
  • Dearborn Heights, MI

    Typical home
    $163,959
    Gross yield
    11.3%
  • Wayne, MI

    Typical home
    $174,631
    Gross yield
    8.3%
  • Detroit, MI

    Typical home
    $176,437
    Gross yield
    10.8%
  • Taylor, MI

    Typical home
    $177,981
    Gross yield
    9.4%

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